FacebookXInstagramPinterest

Carbon fiber market outlook

According to a report by ResearchAndMarkets.com, the global carbon fiber market is projected to grow from $3.7 billion in 2020 to $8.9 billion by 2031, at a CAGR of 8.6% between 2020 and 2031. Carbon fibers are popular in aerospace, civil engineering, military and motorsports due to their high tensile strength, low weight and high [...]

By |2021-07-26T16:00:20-05:00July 28, 2021|

Carbon fiber textile market outlook

According to a report by Lucintel, the carbon fiber textile market is expected to decline in 2020 due to global economic recession led by COVID-19. However, the market is expected to recover in 2021 and it is predicted to reach an estimated $1.5 billion by 2025 with a CAGR of 0.5% to 2.5% from 2020 [...]

By |2020-12-09T17:00:37-06:00November 30, 2020|

Join & Social buttons

Become a member today and get discounted pricing on registration     Join IFAI Today
Go to Top